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Apple's CEO says company is 'cooking' up new stuff to reverse stock drop

Posted: , by Alan F.

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Apple's CEO says company is 'cooking' up new stuff to reverse stock drop
Apple CEO Tim Cook has apparently been listening to fans, critics, analysts and investors who have criticized the company for its recent lack of innovation, which is being blamed as the reason behind the recent drop in Apple's stock price. At the annual stockholder's meeting, Cook told those assembled that Apple is working on "great stuff" that could reverse its recent stock price decline.

Is the Apple iWatch on the way?

Is the Apple iWatch on the way?

Recently, there has been some speculation that Apple is working on a smartwatch that has been dubbed the iWatch by the media. Supposedly, there are 100 engineers in Cupertino working feverishly on such a product which would have multi-touch support. Features are said to include the ability to respond to text messages, list phone calls, rearrange playlists and a recent patent application revealed how the device could be used to read a map with the flick of the wrist.

Apple's shares reached an all-time peak on September 21st at $705, the day that the company launched the Apple iPhone 5. Since then, Apple investors have complained about the company focusing on updating the Apple iPhone and iPad and not launching new products. There has been no earth-shattering new product since the death of co-founder Steve Jobs. Apple closed Wednesday at $444.57.

source: KTVU

68 Comments
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posted on 27 Feb 2013, 17:49 44

1. deadstroke (Posts: 113; Member since: 22 Jan 2013)


boring!!!

posted on 27 Feb 2013, 18:12 23

5. wp8forever (unregistered)


Cook ,this is the way i see your apple , is a company that robbed money from stupid ppl ,by selling them the same product over and over again , at a really expensive price , but guess what , ppl are waking up , dont believe me lol look at the stock , thats what they been cooking for you .

posted on 27 Feb 2013, 18:31 7

7. darkkjedii (Posts: 22143; Member since: 05 Feb 2011)


Look at the market cap value too. #1 or 2 most valuable company. Don't leave that out when u bash apple.

posted on 27 Feb 2013, 18:47 11

11. wp8forever (unregistered)


Sorry if my comment hurt your , and you saw you have and ipad 1,2,3,4 and they all are and do the same , that being said you fall in to the stupid category ,i mentioned befored lol .

posted on 27 Feb 2013, 18:52 6

12. gallitoking (Posts: 4720; Member since: 17 May 2011)


sorry if the updates on the ipad 2,3 and 4 didn't satisfy your needs.. Apple goes by the saying.. if it ain't broken don't fix it.. and before there was nothing broken.. now there so here they come.. sorry if my comments interferes with your Apple bashing

posted on 27 Feb 2013, 19:42 5

20. wp8forever (unregistered)


Bro is no about fixing it cuz it was broken , is about changing it cuz we ,human get tired of the same thing , imagine is your girl put on the same outfit every day , and every thing were to be black and white lol boringgg , we all like different colors , disigns, sizes , you know why cuz we all different , thats what apple doesn't understand.

posted on 27 Feb 2013, 20:45 2

31. darkkjedii (Posts: 22143; Member since: 05 Feb 2011)


You should also re type your posts, the need correcting pretty bad.

posted on 27 Feb 2013, 22:46 1

45. BattleBrat (Posts: 1476; Member since: 26 Oct 2011)


Daniel the Grammar Nazi , Red thumbs are your friend there danny ;)

posted on 28 Feb 2013, 01:41 1

50. bipinm (Posts: 124; Member since: 07 Oct 2012)


but u got the point...right???

posted on 27 Feb 2013, 20:11 7

24. 14545 (Posts: 1612; Member since: 22 Nov 2011)


Please disappear again. We promise we didn't miss you.

posted on 27 Feb 2013, 21:15 1

32. darkkjedii (Posts: 22143; Member since: 05 Feb 2011)


Yes you did, that's why you posted that.

posted on 27 Feb 2013, 19:37 5

18. darkkjedii (Posts: 22143; Member since: 05 Feb 2011)


Nope didn't hurt me at all, and I'm highly intelligent... That's why I choose apple as my daily driver. Stupid people are the ones that troll every apple article, everyday, just to post stupid comments that have absolutely no impact on anything, other than green thumbs and lol's from their troll friends ... Ya know, like the one you just posted. Hmmmm.

posted on 27 Feb 2013, 19:50 4

22. wp8forever (unregistered)


Man once again , sorry if i hurt you and sorry to hear you admiring that you are stupid ,is all good we can all choose what we are ,enjoy your iphone 4 ,4s ,5 and your ipad 1,2,3,4 lol be happy.

posted on 27 Feb 2013, 20:31

27. darkkjedii (Posts: 22143; Member since: 05 Feb 2011)


I always enjoy the best.

posted on 27 Feb 2013, 21:53 5

38. Taters (banned) (Posts: 6474; Member since: 28 Jan 2013)


Highly intelligent?! LOL You don't even know how to read properly.

posted on 27 Feb 2013, 22:03 1

40. darkkjedii (Posts: 22143; Member since: 05 Feb 2011)


Sure I do... See.

posted on 27 Feb 2013, 19:10 2

14. lyndon420 (Posts: 4564; Member since: 11 Jul 2012)


And this cap is due to what?

posted on 27 Feb 2013, 21:16 2

33. darkkjedii (Posts: 22143; Member since: 05 Feb 2011)


Look it up.

posted on 27 Feb 2013, 21:47 6

37. AnTuTu (Posts: 1580; Member since: 14 Oct 2012)


You are such a dumb a$$ ain't you?
I am talking to someone else why the hell you have to poke your nose everywhere?

"Who in the blue hell are you"? Just get the hell outa hea

posted on 27 Feb 2013, 22:17 2

43. darkkjedii (Posts: 22143; Member since: 05 Feb 2011)


Nope, you poke your nose everywhere with childish banter...soooooo I'll stick around. AnFoFo

posted on 01 Mar 2013, 15:54

67. messiah (Posts: 438; Member since: 19 Feb 2010)


Cooking up new lawsuits

posted on 27 Feb 2013, 22:01

39. Tre-Nitty (Posts: 468; Member since: 16 Nov 2010)


Yet, he is the first response, so what does that make you? Stuuuupid!

posted on 27 Feb 2013, 17:52 15

2. menny07 (Posts: 89; Member since: 13 Dec 2012)


BLARGH.
In other news: the downfall continues.
Let's see what new things you can cook up, Cook.

posted on 28 Feb 2013, 01:12

47. jsdechavez (Posts: 731; Member since: 20 Jul 2012)


HAHA! LOWER PLEASE! lol

posted on 27 Feb 2013, 17:54 3

3. darkkjedii (Posts: 22143; Member since: 05 Feb 2011)


Well fry it. It'll cook faster that way. I want my iPhone math, 5S, mini 2, and iPad 5. Lets get it crackin TIMMERRRR

posted on 28 Feb 2013, 01:25 2

48. chadrick0814 (Posts: 209; Member since: 23 Nov 2011)


Question? If Gallito says "if it ain't broken don't fix it," then why does apple need to continue releasing new products? What improvements are you most looking forward to in the new devices you listed? Micro sd, HDMI, BT file transfer, widgets?

posted on 28 Feb 2013, 04:20 1

52. darkkjedii (Posts: 22143; Member since: 05 Feb 2011)


Well honestly you'd have to ask apple that, not me. I do think iOS is very functional yet stale, I look forward to a slightly new look while keeping the great core functionality intact. Micro sd has never been a need due to apple always putting a ton of internal memory in their devices, HDMI is already there, we'll see where they take Bluetooth 4.0, and widgets would be nice although on my note 2 I have a few of them on the screen and don't really change them.

posted on 28 Feb 2013, 09:21 2

59. lauremar (Posts: 181; Member since: 29 Feb 2012)


And same old bunch of square icons on your homescreen thats been there since 2007.... LMFAO

posted on 27 Feb 2013, 17:57 12

4. centurion (Posts: 25; Member since: 28 Jan 2013)


what a hypocrite LOL >_

posted on 28 Feb 2013, 07:08

55. tusshharish (Posts: 342; Member since: 23 Oct 2012)


if you smell what the 'cook' is cooking....

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